You would choose the last one. In two months, you make more money thank you would in those two years for the first man.
Answer:
$2.41
Explanation:
1 January-September 30 84,180*9/12=63,135
1 October-31 December (84,180+30,000)*3/12=28,545
Weighted average of common stocks outstanding =91,680
Earning per share (EPS)=Net Income/Weighted average common stocks
EPS=$221,062/91,680
EPS=2.41
Answer:
a) $1080
b)$19080
c) Loan given | -$18000
d)$540
e)$19620
f)loan | 18000
Interest received | $1620
g) $1620
Explanation:
a) Year 1 : a) Interest income = $18000*9%*8/12 = $1080
b) The total receivable at december 31,Year = 18000+1080 = $19080
c) Year 1 :Statement of cash flow
Loan given | -$18000
d) Interest income Year 2 = $18000*9%*4/12 = $540
e) Total cash collect in 2017 = $18000+$1080 + $540 = $19620
f) Cash flow from investing activities :
loan | 18000
Interest received | $1620
g)Total interest earned = 18000*9% = $1620
Answer:
The correct answer is 2. provides the supporting reasons before the primary message.
Explanation: